U.S. stock benchmarks traded mostly lower Wednesday as investors awaited the outcome of an eagerly anticipated Federal Reserve meeting which may provide clues to the long-term path of monetary policy. What are major benchmarks doing? The Dow Jones Industrial Average DJIA, +0.08% was bouncing round the neutral line, up 16 …
Read More »Cannabis Watch: Aurora Cannabis stock slides nearly 12% on news of up to $1.4 billion goodwill impairment charge
Aurora Cannabis Inc.’s stock tumbled nearly 12% Tuesday, after the Canadian company said it’s recording up to C$ 1.8 billion ($ 1.4 billion) of goodwill impairment charges on some of its past acquisitions. Aurora ACB, +3.05% ACB, +3.22% had the most accumulated non-cash value on its balance sheet of the …
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